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414 Walnut Ave, Long Beach, CA 90802
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414 Walnut Ave Long Beach, CA 90802

$1,400,000 Sold Price as of 10/17/2023
  • 4 Beds
  • 3 Baths
  • 3,386 Sq.Ft.
Sold
$1,400,000 Sold Price as of 10/17/2023 Refinance Your Mortgage
Map preview of 414 Walnut Ave, Long Beach, CA 90802

Property Overview: 414 Walnut Ave Long Beach, CA has 4 bedrooms, 3 bathrooms, 3,386 living square feet and 6,692 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Phenomenal Mixed-Use Opportunity in North Alamitos Beach. Located on 4th Street Corridor. Property consisting of liquor store, and 3 apartment units behind. One (1) two-bedroom and two (2) one-bedroom units. Two of the three units have new Roof, Paint, Plumbing, Electric, and AC Units. Two enclosed garages.

Listed by Christopher Walker | BRE #01905338 | Triqor Group
Last checked: 8 minutes ago | Last updated: October 17th, 2023 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
6,692
HOA Dues
$0/mo
Year built
1921
Garage
2 Car
Property Type:
Mixed Use
Status
Sold
MLS#
PW23111739
City
Long Beach
County
Los Angeles
Time on Site
321 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,699
  • Total Rent: $3,398
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,090
  • Total Rent: $3,090
  • Pro Forma/Market Rent: $3,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $110,256
  • Net Operating Income: $65,419
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $41,530
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 414 Walnut Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7266019022
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: Contact Agent
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 414 Walnut Ave

Last sold for $1,400,000 on October 17th, 2023

  • October, 2023

  • Oct 17, 2023

    Date

    Sold

    CRMLS: PW23111739

    $1,400,000

    Price

  • Jun 23, 2023

    Date

    Active

    CRMLS: PW23111739

    $1,400,000

    Price

  • March, 1994

  • Mar 16, 1994

    Date

    Sold (Public Records)

    Public Records

    $91,961

    Price

Show More

Tax History for 414 Walnut Ave

Assessed Value (2020): $245,528
Year Land Value Improved Value Assessed Value
2020 $213,838 $31,690 $245,528

Home Value Compared to the Market

This property vs the competition

414 Walnut Ave sold on October 17, 2023 for 75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $413.47 per/sqft which puts the price per square foot 34.58% lower than the current median sale per square foot for the city of Long Beach.

About 414 Walnut Ave

Detailed summary of property

414 Walnut Ave is a mixed use that recently sold in Long Beach, CA 90802. This mixed use property offered 4 bedrooms, 3 bathrooms, roughly 3,386 living square feet, and sits on an approximately 6,692 square foot lot. 414 Walnut Ave was first listed on ArdentRealEstateGroup.com on June 23, 2023. The homeowner sold the property for $1,400,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 75% higher than the current median priced home. Local homes that are currently for sale include 4600 S Central Ave, 3033 E 8th St and 2630 E 1St St. While the average home in Long Beach, CA is selling in 53 days, 414 Walnut Ave has a days on market of 36 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 414 Walnut Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 414 Walnut Ave

Public county record property details
Beds
3
Baths
4
Year built
1921
Sq. Ft.
3,386
Lot Size
6,691
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
7266-019-022

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$520,000
Median List Price/Sq.Ft.
$627
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
131
Median Sale to List Price %
102.86%
Avg Days on Market
37
Loan Type
Conventional (51.52%), FHA (3.03%), VA (3.03%), Cash (24.24%), Other (15.15%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 414 Walnut Ave

1738 E 4th St #3, Long Beach, CA 90802
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1738 E 4th St #2, Long Beach, CA 90802
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1738 E 4th #4 St, Long Beach, CA 90802
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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